Everspin Technologies Management
Management criteria checks 2/4
Everspin Technologies' CEO is Sanjeev Aggarwal, appointed in Mar 2022, has a tenure of 3.08 years. total yearly compensation is $3.02M, comprised of 14.9% salary and 85.1% bonuses, including company stock and options. directly owns 0.92% of the company’s shares, worth $1.13M. The average tenure of the management team and the board of directors is 3.1 years and 3.1 years respectively.
Key information
Sanjeev Aggarwal
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 14.9% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.9% |
| Management average tenure | 3.1yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Calculating The Fair Value Of Everspin Technologies, Inc. (NASDAQ:MRAM)
Apr 05
Everspin Technologies: A Speculative Play With More Downside Than Upside
Feb 27Everspin Technologies' (NASDAQ:MRAM) Problems Go Beyond Weak Profit
Nov 06Everspin Technologies (NASDAQ:MRAM) Is Experiencing Growth In Returns On Capital
Oct 30Everspin Technologies: Trying To Get Over The Hump
Oct 11
Expanding In Electric Vehicles And Tech Sectors Despite Margin Pressures And Market Risks
Sep 28 Everspin's entry into the electric vehicle market through STT-MRAM products addresses growing demands for high-density, fast memory, potentially enhancing automotive revenue streams.At US$5.98, Is Everspin Technologies, Inc. (NASDAQ:MRAM) Worth Looking At Closely?
Sep 20Everspin: Potential AI Buildout Beneficiary, With Giveaway Valuation
May 13Everspin Technologies: At An Attractive Price Once More (Rating Upgrade)
Apr 03Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shareholders Might Be Looking For Exit
Mar 06Everspin Technologies: Fair Price Point With An Exciting Market Opportunity
Jan 15Are Investors Undervaluing Everspin Technologies, Inc. (NASDAQ:MRAM) By 49%?
Jul 03Why Everspin Technologies, Inc. (NASDAQ:MRAM) Could Be Worth Watching
May 05Is Everspin Technologies (NASDAQ:MRAM) Using Too Much Debt?
Jan 10We Think Everspin Technologies (NASDAQ:MRAM) Can Manage Its Debt With Ease
Oct 12Everspin: A Differentiated Semiconductor Memory Play To Invest In
Sep 14Is Now The Time To Look At Buying Everspin Technologies, Inc. (NASDAQ:MRAM)?
Sep 02Investors Should Be Encouraged By Everspin Technologies' (NASDAQ:MRAM) Returns On Capital
Aug 15Does Everspin Technologies (NASDAQ:MRAM) Have A Healthy Balance Sheet?
Jun 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$3m | US$450k | US$781k |
| Sep 30 2024 | n/a | n/a | US$2m |
| Jun 30 2024 | n/a | n/a | US$2m |
| Mar 31 2024 | n/a | n/a | US$8m |
| Dec 31 2023 | US$2m | US$450k | US$9m |
| Sep 30 2023 | n/a | n/a | US$8m |
| Jun 30 2023 | n/a | n/a | US$7m |
| Mar 31 2023 | n/a | n/a | US$5m |
| Dec 31 2022 | US$2m | US$400k | US$6m |
| Sep 30 2022 | n/a | n/a | US$9m |
| Jun 30 2022 | n/a | n/a | US$8m |
| Mar 31 2022 | n/a | n/a | US$7m |
| Dec 31 2021 | US$812k | US$269k | US$4m |
| Sep 30 2021 | n/a | n/a | -US$915k |
| Jun 30 2021 | n/a | n/a | -US$6m |
| Mar 31 2021 | n/a | n/a | -US$7m |
| Dec 31 2020 | US$416k | US$251k | -US$9m |
Compensation vs Market: Sanjeev's total compensation ($USD3.02M) is above average for companies of similar size in the US market ($USD659.32K).
Compensation vs Earnings: Sanjeev's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Sanjeev Aggarwal (57 yo)
3.1yrs
Tenure
US$3,022,589
Compensation
Dr. Sanjeev Aggarwal, Ph D., serves as President & Chief Executive Officer of Everspin Technologies, Inc. since March 14, 2022 and serves as Director since March 2022 and served as its Director from March...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | US$3.02m | 0.92% $ 1.1m | |
| Vice President of Sales & Business Development | 3.1yrs | US$897.81k | 0.31% $ 377.5k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Vice President of Operations | 3.1yrs | no data | no data | |
| Vice President of Technology | 3.1yrs | no data | no data |
3.1yrs
Average Tenure
Experienced Management: MRAM's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | US$3.02m | 0.92% $ 1.1m | |
| Independent Director | 16.8yrs | US$178.62k | 2.19% $ 2.7m | |
| Independent Director | 1.2yrs | US$280.19k | 0.063% $ 77.4k | |
| Independent Director | 6.3yrs | US$193.25k | 0.44% $ 535.6k | |
| Independent Director | 3.1yrs | US$185.94k | 0.29% $ 352.3k | |
| Chairman of the Board | 6.7yrs | US$207.56k | 0.45% $ 549.4k | |
| Independent Director | 3.1yrs | US$188.37k | 0.29% $ 352.3k |
3.1yrs
Average Tenure
64yo
Average Age
Experienced Board: MRAM's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/28 03:53 |
| End of Day Share Price | 2025/04/25 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Everspin Technologies, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Ramsay | Canaccord Genuity |
| Richard Shannon | Craig-Hallum Capital Group LLC |
| Nathaniel Quinn Bolton | Needham & Company |